Payment news, March 16

Technology vendors launch treasury platforms and bank’s tout their cash management knowledge through roadshows and tomes.

Neptune builds foundation in Asia

Neptune Software established Neptune Financial Software, a new subsidiary based in Chennai, India, to extend the reach of its Rubikon banking solution in Asia. Rubikon is a new generation universal banking platform designed for financial institutions that includes documentation, payments, treasury and trade finance capabilities. The new subsidiary will act as a hub for regional support and sales at the company.

Asia is proving to provide fertile ground for Rubikon growth, with a number of wins in the region and a healthy pipeline, therefore reinforcing operations to cover the territory is a natural step for us to take, said Simeon Agu, chairman and chief executive of Neptune Software....

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